NJ Spotlight--Ratings Firm Deems Murphy’s School Funding Veto a ‘Credit Negative’
Moody’s Investors Service’s opinion underscores the continued challenges many districts face as a result of the state’s school funding policies
A major Wall Street credit rating firm has labeled as “credit negative” Gov. Phil Murphy’s recent rejection of legislation that sought to make it easier for some school districts to go over the state’s 2% cap on annual property tax increases.
John Reitmeyer | January 31, 2020 | Budget
NJ Spotlight--Senate Higher Ed Committee Pushes for On-Time College Graduations
Students would be required to develop a plan for completing their studies that college officials would monitor
Colleen O'Dea | January 31, 2020 | Education
NJ Spotlight--Murphy veto of bill to limit property tax hikes could hurt school credit ratings
Earlier this month, Gov. Phil Murphy killed a bill that would have allowed school districts that are losing state education aid to make up for their losses by raising local property taxes without asking voters first.
https://www.nj.com/politics/2020/01/murphys-property-tax-veto-could-hurt-school-credit-ratings.html
Samantha Marcus | NJ Advance Media for NJ.com Updated Jan 30, 2020; Posted Jan 30, 2020
Education Week--Education Is the Darling of Wealthy Philanthropists, But K-12 Is Losing Its Luster
When high-wealth families around the globe are looking for causes to support, education is at the top of their list.
A new survey found that more than one quarter of charitable giving by these families goes to education causes, from early childhood to postsecondary.
Christina A. Samuels| January 29, 2020
Education Dive--Report: States enacted more than 200 CTE policies in 2019
Funding, work-based learning, industry-recognized credentials, and access or equity were among the career and technical education issues states tackled during 2019, according to a new state policy review from Advance CTE, the Association for Career and Technical Education and the Education Commission of the States.
https://www.educationdive.com/news/report-states-enacted-more-than-200-cte-policies-in-2019/571357/
Linda Jacobson @lrj417| Jan. 30, 2020